Netflix reaches 104 million subscribers

Not surprising or strange to hear because of the many developments in the service. Netflix subscribers reached 104 million subscribers in the first quarter of this year.

This year has started and the number of subscribers has reached 93 million subscribers, which means that there is an increase eleven million subscribers in the six months elapsed, making the site calls this quarter, “A good quarter”

It’s not strange because of the quality of content available through the Service in the recent period, the content that includes 91 shows that’s nominated to the Emmy’s such as The Crown, Stranger Things, and 13 Reasons Why and others.

Netflix Now Allowing Downloads of its Shows And Movies, Though not for 4K Versions

The company also offers a range of new features such as Interactive storytelling for kid’s programmes and Dolby Atoms integration which is available only via (Xbox One and Xbox One S) On the other hand, profits increased 60% year-on-year to $ 65.6 millions.

Netflix has become a juggernaut in the entertainment industry

“Netflix has become a juggernaut in the entertainment industry, A drive down Sunset Blvd. shows it all, billboard after billboard of Netflix Hit shows. The entire cable industry is starting to be decimated by Netflix. Millennials do not buy cable anymore because there is actually all the content you need on Netflix and HBO. Now this phenomenon has gone global.”

Netflix shares rose 10% on the New York Stock Exchange after announcing the news.

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The company said that among those subscribers there are about 5.2 million users, mostly overseas or beyond the borders of America.

That has made the company provides a series of movies such as Okja, directed by one of the best South Korean directors.

The company expects international subscribers to increase profits this year.

On the other hand, the number of users of Amazon Prime Video service competing for Netflix about 60 million subscribers, not taking into account the number of all subscribers to Amazon Prime.

Netflix is one of the biggest video broadcasting services available in the world and it has a number of subscribers that shows its power in the field, wait for an article about the story behind Netflix in Samma3a Tech.

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